Evolution and difficulties in the consumer market
In the Business Conditions Survey report for the second half of 2022, topics such as the quantity and price of footwear sold were analyzed, in addition to the main difficulties facing the sector.
Regarding the estimated number of pairs to be sold in the next six months, those surveyed foresee a decrease of 1% on average in each of their countries. On the other hand, for the same period they expect the value of footwear to have an average growth of 11% in their countries, according to data prepared and disseminated by World Footwear.
The report also inquired about the difficulties the industry is going through, among which the cost of raw materials and merchandise prevails by a wide margin (81% of inquiries), followed by insufficient demand in the local and international markets (42% and 41% respectively).